Core Insights - The global liquefied natural gas (LNG) export volume is expected to see its largest annual increase in three years, with a projected growth of 4% in 2025, reaching 429 million tons [1] - This growth is primarily driven by the ramp-up of production from the LNG Canada project and the Plaquemines LNG project in the United States [1] - The United States is solidifying its position as a major LNG exporter, with its export volume surpassing 100 million tons for the first time this year [1] Industry Impact - The anticipated increase in LNG export capacity is expected to lower natural gas prices in Asia and Europe, with Asian gas prices nearing their lowest point of the year and European gas futures down over 40% since the beginning of the year [1] - The new production capacity may also lead to increased demand for low-temperature LNG carriers, as shipping costs for transatlantic LNG transportation reached a nearly two-year high last month due to surging supply [1]

责任编辑：王永生 北美新增产能投产，2025 年全球液化天然气（LNG）出口量或迎来三年来最大幅度增长。航运数据监 测机构克莱珀（Kpler）测算，2025 年全球液化天然气出口量同比增长 4%，达 4.29 亿吨；数据显示， 这也是 2022 年出口量同比大涨 4.5% 以来的最大年度增幅。此次增长主要得益于加拿大液化天然气项 目（LNG Canada）及美国普拉克明斯液化天然气项目（Plaquemines）的产能爬坡。美国正稳固其液化 天然气主要出口国地位，今年该国液化天然气出口量首次突破 1 亿吨大关。预计美国后续将持续新增产 能，到本十年末实现产能翻倍，进而推动出口量进一步攀升。这一趋势或将拉低亚洲与欧洲的天然气价 格。目前，亚洲天然气价格已接近年内最低点，欧洲天然气期货价格较年初跌幅超 40%。新增产能还 可能进一步推高低温液化天然气运输船的市场需求。上月，受供应激增带动运输船需求上涨，跨大西洋 液化天然气运输成本创下近两年新高。 北美新增产能投产，2025 年全球液化天然气（LNG）出口量或迎来三年来最大幅度增长。航运数据监 测机构克莱珀（Kpler）测算，2025 年全球液化天然气出口量同比增长 ...